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How to Prepare for Unexpected Risk Exposure

Construction Business Owner

Either by choice or required by contract or statute, commercial general liability (CGL), workers’ compensation, business auto and inland marine insurance (mobile equipment) are among the most common types of insurance purchased by contractors.

Risk 356
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Factors to Know About Crane and Rigging Insurance

Construction Marketing

Fortunately, crane and rigging insurance provide protection and compensation. However, understanding these insurance policies is key to maximizing your benefits. What is crane and rigging insurance? This collection of multiple coverages essentially protects all crane operations, including tower cranes and mobile cranes.

Insurance 174
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Creating a JOC Coefficient?

Job Order Contracting

General insurances. Workmen’s compensations insurance. State unemployment insurance. Federal unemployment insurance. Mobilization and demobilization costs. Payment Bond premium(s) (please note that Payment Bonds are required for task order. projects valued over $35K; 9. Social security contributions.

Insurance 264
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9 Types of Insurance You Need to Protect Your Contractor Business

Construction Marketing

Between the potential for accidents and injuries on the job site and the risk of lawsuits, it’s important to have insurance to protect yourself from financial losses, but what kind of insurance do you need? Here’s an overview of the most important types of insurance for contractors. General Liability Insurance.

Insurance 156
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Construction insurer hit in data breach

Construction Dive

Construction industry news, trends and jobs for building professionals who want mobile-friendly content.

Insurance 139
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How to Get Better Options in Today’s Hard Insurance Market

Construction Business Owner

How to Get Better Options in Today’s Hard Insurance Market. One thing underwriters have made abundantly clear during this challenging renewal environment is that simply blasting a submission to multiple insurance carriers to find competitive pricing, will not produce the effective results it may have in the past. Greg Ragsdale.

Insurance 156
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Top 2023 Security Trends For Construction Site Security

Construction Marketing

With cloud-based TVL security cameras , your security staff can access cloud-based control centers and mobile applications that can view security data from anywhere. In that case, it will send a mobile alert to your security staff, allowing them to quickly and efficiently resolve the issue. Strong Security Doors And Gates.

Security 291